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I should hope that any small business would have at least a 50% profit margin. I can better answer what the rate of pay for medical transcriptionists is. That is anywhere from 6 cents per line to about 10 cents per line, a bit higher if working as an independent contractor. Medical transcription companies in the US are also being beaten by most of it's competitor from other countries as outsourced MT services tend to be cheaper than the local services. According to the Bureau of Labor Statistics, the median wage for medical transcriptionists was $15.82 an hour in 2010 and many worked from home

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12y ago

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Related Questions

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How do you calculate a profit margin ratio?

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How do you calculate profit margins?

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What is a net margin?

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